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Dollar Stores Rake In Holiday Business As Job Market, Economy Remain Mired In Slump

December 21, 2011: 11:46 PM EST
Consumers on a tight budget this holiday season have made dollar stores a favored destination for Christmas shopping. Many of the stores have done their best to provide a more attractive shopping venue, having spruced up their facilities and product lines to better meet the needs of budget-conscious gift givers. Industry observers expect dollar stores to turn in healthy sales performances as the job market and economy continue in a slump: fourth quarter sales increases of at least 4.2 percent are forecast for stores that have been open at least a year. Dollar stores have expanded rapidly in recent years, with several chains operating thousands of outlets across the country.
Shan Li, "Dollar stores thrive as holiday shopping destinations", Los Angeles Times, December 21, 2011, © Los Angeles Times
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